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View Diary: Minimum Social Security Check equals only $3.90/hr (23 comments)

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  •  It wasn't meant to be your sole support (7+ / 0-)

    Three legged stool.  It was to supplement company pensions (for those who remember what those were); and personal savings (for those who have earned enough consistently to have accumulated such a thing).

    What's missing with too many of these decision makers and commentarians is a total disconnect from reality. An utter lack of awareness that employer pensions are all but extinct for most people, and wage disparity has eroded any opportunity that more and more people ever had for personal savings. - not to mention what the financial implosion has done to those who did manage some personal savings and investments. Unfortunately, most of them are going to be enjoying their own comfy retirements before the real impacts of their decisions becomes visible.

    "No one life is more important than another. No one voice is more valid than another. Each life is a treasure. Each voice deserves to be heard." Patriot Daily News Clearinghouse & Onomastic

    by Catte Nappe on Wed Feb 13, 2013 at 04:47:23 PM PST

    •  Our decisionmakers have been allowed to loot (1+ / 0-)
      Recommended by:
      War on Error

      the country and leave the rest of us with nothing.  You know why they won't take the cap off SS, it is not because of the rich who don't want to pay it, it is the employer match.

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